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Hedge Funds: New entrants swamp secondary hedge fund market
The hedge-fund industry's growth stopped abruptly in 2008, but one corner of the $1.4 trillion business is expanding in the wake of the financial crisis and has attracted a wave of new entrants.
Market Watch

Hunt for ITV chief collapses as Grade steps down as chairman
BROADCASTER ITV tore up its succession plans yesterday after its search for a chief executive collapsed and it said Michael Grade would stand down as chairman. ITV said it had abandoned discussions w...
BBC

Britain Is `Bankruptcy Tourism` Hotspot
Cash-strapped Europeans are travelling to Britain to go bankrupt - then returning home debt-free. "Bankruptcy tourism" is becoming so popular that a company is now helping insolvent Europeans to tra...
BBC

September 26, 2008 (Friday): McCain and Obama Debate; SEC Concedes Oversight Failure
Face Off After uncertainty over whether the event would take place as planned—sparked when Sen. John McCain announced earlier in the week that he would suspend his campaign temporarily to help deal with the financial crisis—McCain and Sen. Barack Obama come together in the first debate. It’s judged by many as a draw, with McCain painting his rival as inexperienced and Obama seeking to link the GOP candidate to George Bush. In 90 minutes of sparring, the two men set out starkly different approaches to how they would govern the country and handle foreign adversaries. (For more on this news, click here and here.) SEC: We Screwed Up So, maybe the fox watching the henhouse isn’t such a good strategy after all. Today, deregulation proponent Christopher Cox, the chairman of the SEC, admits the failure of a voluntary supervisory program for large investment banks. He shuts the program down, shifting most of the oversight duties to the Federal Reserve. On the same day, t
Smart Money

`Serious consequences` if investment chill continues
BUSINESS leaders yesterday warned of 'serious consequences' if company investment continues to fall, after official figures revealed a 22 per cent plunge in the second
Scotsman

Small details sometimes hinder help on mortgages - Charleston Daily Mail
AP Business Writer PHILADELPHIA (AP) - It all comes down to details: The success of the federal government's attempts to keep homeowners from defaulting on their mortgages appears to hinge on small t...
Big News Network

Down To Business: IT Pros: Don`t Count On The Government
There are simply no federally orchestrated "solutions" when customers ultimately are dictating the terms of global commerce.
Information Week

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